The top crypto news highlights for today, October 3, 2024:
Ripple Expands in the UAE: Ripple has received in-principle approval from regulators in Dubai, marking a significant step toward enhancing cross-border digital payments in the region. This regulatory approval could broaden Ripple's services across the UAE
Bitcoin Metrics Signal Market Shift: On-chain and technical data show promising signs for Bitcoin investors despite a recent sell-off. Analysts suggest that Bitcoin’s market structure is improving
Kraken Launches Derivatives Trading in Bermuda: The crypto exchange Kraken has expanded its offerings by launching derivatives trading in Bermuda, taking advantage of favorable regulations
Binance and Cardano Rumors: Speculation surrounds a potential listing of Cardano native tokens on Binance ahead of an upcoming summit, fueling excitement in the Cardano community
Telegram Outages: Several countries have reported major outages on the Telegram messenger app, impacting users globally.
Shiba Inu Whale Activity Surges: Whale activity in Shiba Inu has grown by 360%, potentially signaling a sustained rally for the meme coin.
Visa’s Tokenized Asset Platform: Visa has launched a platform for managing digital assets, including stablecoins and CBDCs, marking a major step in digital asset management
Grayscale Launches Aave Fund: Grayscale has introduced a new investment fund focused on Aave, which has gained momentum following recent tokenomic upgrades.
Ripple's XRP Sees Increased Interest: Ripple's stablecoin testing and derivatives market activity for XRP have surged, with open interest surpassing $1 billion.
IMF Pressures El Salvador: The International Monetary Fund is pushing El Salvador to reconsider its Bitcoin regulations, as the country faces economic challenges.
